Global Stair Lift Market valued approximately USD 673.6 million in 2017 is anticipated to grow with a healthy growth rate of more than 7.80% over the forecast period 2018-2025. The regional analysis of Global Stair Lift Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific accounted more than 42% share of total generating revenue in 2015 followed by Europe and North- America. Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025, due to increase in growth of the overall economy. The U.S. is a highly matured region for the industry with its dynamics influenced by high level of product innovation.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

Historical year – 2015, 2016Base year – 2017Forecast period – 2018 to 2025

The industry is seeming to be fairly competitive. Some of the leading market players include Platinum Stair lifts, Harmar Mobility LLC, Bruno Independent Living Aids Inc., ThyssenKrupp Accessibility BV, Stannah Lifts Holdings Ltd. and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.